Powered by

RockTenn offers lump sum payment to thousands of former workers

Jul 11, 2014 - Atlanta Business Chronicle

Paper and packaging giant RockTenn will offer a one-time lump sum payment to about 9,000 eligible former employees vested in company pension plans but not taking monthly payments.

Norcross, Ga.-based RockTenn (NYSE: RKT) said the offer is for employees who participate in the following U.S. Defined Benefit Pension Plans and are not currently receiving a monthly benefit:

The Rock-Tenn Co. Pension Plan for Certain Salaried Employees (formerly the Smurfit-Stone Container Corp. Pension Pl...